NOT LISTED FOR SALE

Estimated Value: $2,147,000 - $2,252,000

2 Beds
2.5 Baths
1,351 Sq Ft
$1,639/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $1,265,000 $936 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $13,246/month

21 Days on Market

Highlights

  • White Water Ocean Views
  • Private Pool
  • No HOA
  • El Morro Elementary School Rated A+
  • Deck
  • Cottage

About This Home

As of October 2017

VIEWS, VIEWS, SPECTACULAR OCEAN VIEWS from almost every room of this classic, two story, natural wood-walled beach cottage located just a few turns up in the hillside neighborhood of Alta Vista. Enjoy Panoramic Ocean, White Water, rocks & beaches, the Coastline from Goff Island up to the Queen Mary, Catalina Island, and endless City-Lights. This former Frank & Madeleine Visca Estate home hasn't been on the market for over 50+ years. Bring your love, care, and imagination to restore this unique Laguna Beach home to its former glory; with two bedrooms, two and a half baths, two large view decks. The upper level, main entry is located off of Lomita Way, a quiet cul-de-sac street. The upper level contains the open living room with a large view deck, the dining room, kitchen, and a half bath. The lower level has the charming family room with a vaulted ceiling & a cozy fireplace, master bedroom suite, second bedroom with walk-in closet, and the second full bath. Accessible off the master bedroom, the lower view deck has a good-sized pool in it which needs restoration repairs. Or, consider this street-to-street lot location as a potential blank slate for your Ocean View Dream Home.

Last Agent to Sell the Property

Paul Marchi

Engel & Völkers License #01804886 Listed on: 08/18/2017

Engel & Völkers

Last Buyer's Agent

John Veytia

Compass License #00279282

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,321

Year Built

  • Built in 1936

Lot Details

  • 2,430

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Up Slope from Street

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Cottage
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation
  • Wood Product Walls
  • Frame Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,351 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Family Room with Fireplace
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Deck
  • Patio

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Radiant Heating System
  • Natural Gas Connected

Additional Features

  • 2,430 Sq Ft Lot
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 17
  • Tax Tract Number 26
  • Assessor Parcel Number 65614305

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,321

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Alta Vista (AV)
  • View: Yes
  • Architectural Style: Cottage
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65614305
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1351.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Wood Product Walls
  • Stories: 2
  • Entry Location: Lomita Way - top
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 936.34
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, White Water
  • Patio And Porch Features: Deck
  • Pool Features: Private
  • Pool Private: Yes
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Heat Pump, Radiant
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 2430.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 17
  • Tax Census Tract: 626.20
  • Tax Lot: 5
  • Tax Tract Number: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2019
Sold by
Ceppi Livio and Dencker Bodil
Bought by
Ceppi Dencker Trust
Current Estimated Value
$2,213,795

Purchase Details

Listed on
Aug 18, 2017
Closed on
Sep 9, 2017
Sold by
Martin Wixson For Biola University
Bought by
Ceppi Livio and Dencker Bodil
Seller's Agent
Paul Marchi
Engel & Völkers
Buyer's Agent
John Veytia
Compass
List Price
$1,200,000
Sold Price
$1,265,000
Premium/Discount to List
$65,000
5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$885,500
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ceppi Dencker Trust -- None Available
Ceppi Livio $1,265,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceppi-Dencker Trust $250,000
Previous Owner Ceppi Livio $885,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2017 10/27/17 Sold $1,265,000 +5.4% $936 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $1,200,000 -- $888 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,321 $1,432,004 $1,373,667 $58,337
2024 $15,321 $1,411,129 $1,346,732 $64,397
2023 $15,267 $1,383,460 $1,320,325 $63,135
2022 $14,920 $1,356,334 $1,294,436 $61,898
2021 $14,575 $1,329,740 $1,269,055 $60,685
2020 $14,360 $1,316,106 $1,256,043 $60,063
2019 $14,089 $1,290,300 $1,231,414 $58,886
2018 $13,800 $1,265,000 $1,207,268 $57,732
2017 $1,624 $70,695 $35,902 $34,793
2016 $1,575 $69,309 $35,198 $34,111
2015 $1,458 $68,268 $34,669 $33,599
2014 $1,416 $66,931 $33,990 $32,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG17193310

California Regional Multiple Listing Service (CRMLS)

APN: 656-143-05